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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.000300+200.0%Mar 7 3:00 PM EST

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To: WEBNATURAL who wrote (7539)6/22/2000 5:34:00 PM
From: DARPA  Read Replies (2) of 7609
 
PR ( >> -22% on 14.6M shares) Poor execution !

Thursday June 22, 2:06 pm Eastern Time

Company Press Release

AmeriResource Technologies, Inc. and Jay, Dello & Associates, Ltd., Mutually
Terminate Their Agreement.

DES PLAINES, Ill.--(BUSINESS WIRE)--June 22, 2000--Delmar A. Janovec, Chairman and CEO of AmeriResource Technologies, Inc. (ARET) stated today
that the previously announced agreement with Jay, Dello & Associates, Ltd. to provide financing for the acquisition of Mesquite Star Hotel and Casino has been
mutually terminated and the Company is pursuing other sources who have expressed interest in providing the financing.
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